The euro depreciated significantly against the US dollar, reaching thus the new eight-week low, which was associated with the publication of positive statistics on the US. As previously reported, the consumer price index rose a seasonally adjusted 0.3% in June compared with a month earlier. Prices for gasoline, food and accommodation have increased in the last month. With the exception of volatile prices for food and energy, so-called core prices increased 0.2%. Both measures are consistent with the forecast of economists. Compared with a year earlier, as a whole, prices rose by 0.1%, which was the first annual increase since December. Basic prices increased by 1.8% compared with a year earlier. Accommodation prices rose 0.3% last month and 3% from a year earlier. Food prices rose 0.3% last month. Food costs rose by 1.8% compared with a year earlier. Energy prices rose 1.7% last month, but still 15% lower compared with a year earlier. Gasoline prices rose 3.4% on a seasonally adjusted basis in June. Gasoline prices are still 23.3% below the levels of last year.
Meanwhile, another report showed that the establishment of new homes in the US rose by 9.8% compared to the previous month and reached a seasonally adjusted annual rate of 1.17 million in June. Amplification was due solely to the construction of multifamily housing, including apartments and condominiums, which increased by 29.4%. Meanwhile, single-family units favorites that make up nearly two-thirds of the market, fell by 0.9%. New applications for building permits, which will determine the pace of construction in the coming months, rose 7.4% to 1.34 million. Performance of construction of new homes remain historically low, although there are signs of a healthy recovery in activity. Bookmarks were 26.6% higher than in June year ago, and resolution were higher by 30%.
The Canadian dollar fell modestly against the US dollar, reaching at the same level CAD1.3000. In the course of trade affected data on CPI Canada. As it became known, the consumer price index (CPI) rose by 1.0% during the 12 months to June, after increasing 0.9% in May. The decline in energy prices is still restrained the annual CPI increase, however, the effect was less pronounced than in April and May. Excluding energy, the CPI rose by 2.1% in the 12 months to June, after increasing 2.2% in May. Falling energy index was led by gasoline prices, which fell by 14.1% in June compared with the same month a year earlier. This decline followed a decline of 17.4% compared with a year earlier in May. On a monthly basis, gasoline prices rose 6.0% in June, after rising 5.5% in May. Gasoline prices rose in four of the last five months, after consecutive decline from July 2014 to January 2015. The index of natural gas decreased by 10.9% during the 12 months to June, after falling 14.4% in the previous month. In addition, oil prices fell by 17.8% year on year in June, followed by a decline to 18.6% in the previous month.